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Only 2 weeks after the Bitcoin booming market support band (20 week SMA and also 21 week EMA) passes $13k, now it has actually passed $14k, and remains in fact greater than $14.5 k! If the rate of Bitcoin stays constant right here (or goes a little up), the 20 week SMA will be about $15k in one week! We discuss the ramifications of the Bitcoin bull market support band and also demonstrate how regular moves such as this one are in lieu of comparable sorts of actions throughout the last Bitcoin booming market. How far can Bitcoin extend before correcting to confirm the stability of the bull market once more? Allow me recognize what you assume in the remarks below!

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Von Bernd

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